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Posts from ‘June, 2007’

Coaching Tip: Reputation is a big reason Exxon Mobil trades at a much higher price-earnings ratio than Royal Dutch Shell

Headline: The Power of Perception Consumers are flooded by corporate marketing campaigns linking to social issues.  Indeed, the public now expects just about every company to be allied with a cause, according to Carol Cone, whose brand-strategy firm recently conducted a survey on cause-related marketing.  The best corporate reputation belongs to Microsoft Corporation, according to […]

Bloomberg: Gazprom May Develop Sakhalin-3 Oil, Gas Project With Rosneft

By Greg Walters June 29 (Bloomberg) — OAO Gazprom, Russia’s natural-gas export monopoly, may form a joint venture with the oil company OAO Rosneft to develop the Sakhalin-3 offshore oil and gas project, Gazprom Chairman Dmitry Medvedev said. Gazprom and state-controlled Rosneft agreed in late 2005 to bid jointly for oil and gas fields at […]

ThisDayOnline: Malabu Files Objection to Shell’s Suit

By Chika Amanze-Nwachuku, 06.30.2007 Malabu Oil and Gas, a company owned by former Minister of Petroleum Resources, Chief Dan Etete yesterday disclosed that it had filed a preliminary objection to a suit brought by Royal Dutch Shell against the Oil Prospecting Licence (OPL245) re-allocated to it by the Federal Government. It said it would resist […]

Bloomberg: Gazprom Doesn’t Plan to Buy Stake in Exxon Mobil’s Sakhalin-1

By Joe Carroll and Greg Walters June 29 (Bloomberg) — OAO Gazprom, the Russian energy company that seized control of $8.5 billion in projects from Royal Dutch Shell Plc and BP Plc, doesn’t expect to buy a stake in Exxon Mobil Corp.’s Sakhalin-1 oil and gas development. Deputy Chief Executive Officer Alexander Medvedev told shareholders […]

Daily News (Canada): Shell proposed refinery to undergo EA

Saturday, June 30, 2007   Shell Canada will proceed with an environmental assessment of its proposed new refinery near Sarnia, Environment Minister Laurel Broten has announced. The Minister has approved the company’s terms of reference, which is a work plan for an environmental assessment. It outlines the steps and studies Shell will undertake to identify […]


(The following is a reformatted version of a press release issued by the New Jersey Department of Environmental Protection and received via electronic mail. The release was confirmed by the sender.) June 29, 2007 STATE FILES LAWSUITS SEEKING COMPENSATION FOR DAMAGES POLLUTERS CAUSED TO NATURAL RESOURCES TRENTON – The state has filed approximately 120 lawsuits […]

Africa Path: Nigeria: US Marines, AFRICOM & the Niger Delta

June 29, 2007 04:10 PM   Recently the National Geographic magazine published a feature piece on the Niger Delta “Curse of the Black Gold: Hope and Betrayal in the Niger Delta“. For those familiar with the issues of the Niger Delta there was really nothing that has not been reported by human rights environmental activists […]

The Bakersfield California: State still waiting for Shell to act

Water table below Bakersfield refinery remains contaminated BY STACEY SHEPARD, Californian staff writer e-mail: [email protected] | Friday, Jun 29 2007 11:15 PM Last Updated: Friday, Jun 29 2007 11:18 PM Shell Oil shut down a soil cleanup operation at the Rosedale Highway refinery two years ago and hasn’t restarted it despite repeated requests from the […]

Petroleum News: Commissioner to make final consistency decision for Shell’s Beaufort drilling

NSB issues challenge By Alan Bailey Vol. 12, No. 26  Week of July 01, 2007 The clock continues to tick toward Shell’s planned start for its summer 2007 drilling program at its Beaufort Sea Sivulliq prospect, which is on the western side of Camden Bay off Alaska’s North Slope. But on June 25, in a […]

Philippine Daily Inquirer: Pilipinas Shell to open 50 new stations nationwide

Published: Jun 30, 2007 AS COMPETITION FURTHER stiffens, Pilipinas Shell Petroleum Corp. is planning to add another 50 stations to its nationwide network and give existing ones a facelift. The oil firm hopes to increase its 33-percent share of the retail market. Sammy de Guzman, Shells vice president for retail, said the oil firm would […]

Financial Times: Carbon capture proving commercially unviable

By Ed Crooks Published: June 30 2007 03:00 | Last updated: June 30 2007 03:00 Royal Dutch Shell and Statoil, Norway’s nationaloil company, have dropped ambitious plans for a demonstration project to capture carbon dioxide emitted by a power station and inject it under thesea, saying it was technically feasible but not commercially viable. The […]